In a meeting today, the Reserve Bank of Australia (RBA) Board decided to leave the cash rate stable at 1.00 percent.
In a statement announcing the fact, Philip Lowe, the Governor of RBA stated that "the increased uncertainty generated by the trade and technology disputes is affecting investment and means that the risks to the global economy remain tilted to the downside."
|remaining time till the new event being published|
- Economists expect a US recession by end-2021 – NABE survey
- Eurozone annual inflation down to 1.0% in July
- Eurozone current account surplus increased in June
- UK households more cautious about major purchases - IHS Markit